Hospitality
Search documents
US stocks today: Wall Street trades mixed ahead of Fed meeting; Dow jumps over 270 points, S&P remains flat
The Times Of India· 2025-09-17 14:11
Market Overview - DJIA increased by 271 points or 0.59% to reach 46,029, while Nasdaq decreased by 76 points or 0.34% to 22,257, and S&P 500 traded at 6,603, down 3 points or 0.05% [2][4] - Anticipation of a 0.25 percentage point interest rate cut by the Federal Reserve is influencing market movements, with traders closely monitoring for indications of further cuts [4][5] Company Highlights - Workday saw a significant gain of 6.9% after Elliott Investment Management acquired a stake exceeding $2 billion and expressed support for the company's management, alongside an expansion of its share buyback program to $4 billion [2][4] - General Mills experienced a decline of 1.9% despite reporting higher-than-expected profits for the latest quarter, with revenue meeting forecasts [2][4] - RCI Hospitality Holdings fell by 10.2% following accusations of bribery and other crimes by New York's attorney general, impacting its operations in the strip club and sports bar sectors [3][4] Upcoming Events - Online ticket marketplace StubHub is set to debut on the New York Stock Exchange under the ticker "STUB," with shares priced at $23.50 in its initial public offering [3][4] Economic Indicators - Japan's Nikkei 225 index decreased by 0.2% as exports to the U.S. fell by 13.8% in August compared to the previous year, attributed to tariffs on cars [5] - The yield on the 10-year Treasury bond slightly decreased to 4.02% from 4.04% [5]
Moncler’s Ruffini Family Invests in Luxury Hotel Supplies Group La Bottega
Yahoo Finance· 2025-09-12 14:54
Group 1: Investment Overview - The Ruffini family, through their holding company Ou(r) Group, has acquired a 14.7% minority stake in La Bottega FounderCo, which operates in the luxury hotel supplies sector [1] - La Bottega specializes in providing fragrances, toiletry products, and bespoke amenities to hotels globally, featuring brands like Culti, Ortigia, Etro, and Diptyque [2][3] Group 2: Company Structure - La Bottega FounderCo is primarily owned by the Pacini family with a 50.4% stake, while Three Hills Capital Partners holds 49.6% [3] - Ou(r) Group is one of two holding companies of the Ruffini family, which also includes Ruffini Partecipazioni Holding, known for its 15.8% stake in Moncler [4] Group 3: Strategic Intent - The investment in La Bottega aligns with Ou(r) Group's strategy to enhance its presence in high-end hospitality markets, focusing on authenticity, innovation, and experientialism [5] - La Bottega's CEO emphasized the strategic alliance's goal to solidify the company's international role in luxury hospitality and explore new opportunities [6] Group 4: Industry Context - The fashion industry is increasingly engaging with the hospitality sector to elevate its prestige through partnerships and creative initiatives [7]
The Art of Back-Up Plans | Vashti Eliya Baylan | TEDxITE College West
TEDx Talks· 2025-09-11 15:28
Core Idea - Backup plans are not about expecting failure, but about planning for all possibilities and protecting what matters [7] - The ability to adapt and reflect is crucial for success and wisdom [8] - Improvisation is an art form, essential in industries like hospitality where circumstances constantly change [6][4] Practical Application - The hospitality industry relies on backup plans to manage miscommunication, short staffing, and tech issues, ensuring customer comfort and experiences [4] - A real-world example involves a chef pivoting from spoiled salmon to chicken thighs for a corporate event, showcasing seamless adaptation [5][6] - Backup plans should be considered as part of the integrity of the original plan [8] Artistic and Philosophical Perspective - The original plan doesn't define you; how you adapt does [2] - Artists like Picasso demonstrate the value of sketching, layering, erasing, and changing composition instead of starting over [2][3] - Backup plans hold space for the unknown and allow for new creations [3][8]
X @Zhu Su
Zhu Su· 2025-09-06 10:49
Geopolitical Strategy Shift - National Defense Strategy is reportedly pivoting away from China, focusing on homeland defense [1] - Troop reallocation suggests a strategic shift away from engagement with China [1] - MAGA's perceived abandonment of China reflects a significant geopolitical realignment [1] Potential Market Dominance - China-origin hospitality brands are predicted to dominate the market [1] - China-origin medical and longevity companies are predicted to dominate the market [1] - China-origin robotics companies are predicted to dominate the market [1] - China-origin energy companies are predicted to dominate the market [1]